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Trade Liberalisation In South Africa Once Again

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  • MERLE HOLDEN

Abstract

This paper attempts to reconcile and extend the debate in South Africa as to whether trade was liberalised in the nineties. The core studies in the debate are examined with a view to effecting their reconciliation. In particular the limitations of effective rates of protection as reflective of the stance of trade policy are explained and suggestions made for their use by policymakers. The paper concludes by suggesting that reliance on a single indicator such as effective rates of protection should be avoided. Copyright 2005 Economic Society of South Africa.

Suggested Citation

  • Merle Holden, 2005. "Trade Liberalisation In South Africa Once Again," South African Journal of Economics, Economic Society of South Africa, vol. 73(4), pages 776-784, December.
  • Handle: RePEc:bla:sajeco:v:73:y:2005:i:4:p:776-784
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    References listed on IDEAS

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    1. Holden, Merle & Holden, Paul, 1978. "Effective Tariff Protection and Resource Allocation: A Non-Parametric Approach," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 294-300, May.
    2. Corden, W. M., 1971. "The substitution problem in the theory of effective protection," Journal of International Economics, Elsevier, vol. 1(1), pages 37-57, February.
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    Cited by:

    1. Foroutan, Faezeh, 1998. "Does membership in a regional preferential trade arrangement make a country more or less protectionist?," Policy Research Working Paper Series 1898, The World Bank.

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